EPISODE SUMMARY:
There's something about a tale of rags to riches that captures our hearts and ignites our ambitions, and Jim Biggs' story is no exception. From the poignant beginnings as an orphaned child to a pinnacle of success in the real estate industry, Jim's narrative is a brilliant illustration of how resilience shapes destiny. As the founder of Jerome Enterprises and the GOB network, he joins us to reveal his transformative journey and the inception of a platform that's redefining community and opportunity in the world of real estate investment.
Navigating the complexities of commercial real estate can be overwhelming, but Jim's insights simplify the labyrinth. He candidly discusses the myths of quick success and the steadfast dedication required to prosper in the industry. What's more, his comparison of the GOB network's philosophy to the collaborative success of Linux serves as a testament to the power of community-driven progress. Whether you're a seasoned investor or a curious newbie, Jim's approach to creating a membership-driven real estate platform offers a blueprint for building generational wealth and achieving personal fulfillment.
JIM'S BIO:
Jim Biggs has a diverse background, beginning with shipbuilding and the U.S. Air Force's elite "Walking Airforce" group. He later excelled in retail, sales, and the automotive industry, becoming a general partner in franchises. Holding real estate and insurance licenses, he's now a Managing Broker in Indiana. Jim is actively involved in various professional associations and is the founder of The GOB Network, an inclusive platform for apartment investors, offering deal sourcing, coaching, and creative partnership structures.
GET IN TOUCH WITH JIM :
gobnetwork.com
EPISODE CHAPTERS:
(0:00:00) - Jim Biggs Founder of GOB Network
Jim Biggs shares his journey from orphan to real estate success, discussing GOB network and life's unexpected turns.
(0:09:52) - GOP Network and Commercial Real Estate
Jim Enterprises' transition to multi-family real estate, hard work over luck, calculated risk-taking, and the GeoBean Network's aim to democratize access to coaching and mentoring.
(0:16:47) - Business Ownership for Real Estate Investors
GOP network disrupts traditional real estate education by empowering investors to directly invest in deals for better learning and success.
(0:22:07) - Membership-Driven Real Estate Platform
Open-source philosophy, collaborative intelligence, and financial empowerment through membership-driven progress and real estate investment.
(0:35:32) - Investing in Dallas
Building a real estate network in Dallas requires time, money, and connections, which can be found through the GOB community.
(0:39:38) - Real Estate Game
Real estate insights, GOB network, and projects discussed with CEO Jim, who has over a billion in transactions.
For informational purposes only. Always consult with professionals. This is not meant to be used as legal or tax advice or otherwise. Any projections, opinions, assumptions, or estimates used are for example only. All information should be independently verified and is subject to errors and omissions.
Check out some of our other videos and listings:
PreReal Podcast
https://www.youtube.com/watch?v=pTgZYyrkRyU&list=PLbyMUN39hTNWUFWH-tprcR0sTOwdqCfuk
PreReal™, Prendamano Real Estate of staten island, NY is a real estate marketing firm that is focused on lead generation for all its properties for sale. More leads equals bigger pockets in the end for everyone. If you are house hunting and looking for a house for sale don't hesitate to give us a call (718)200-7799. If you think it is time to sell your house, we can get you top dollar for your property.
Visit us at www.prereal.com
Follow us on:
Facebook: https://www.facebook.com/PrendamanoRealEstate
Instagram: @prerealpodcast @prerealestate
TikTok: @prerealestate
Twitter: @prerealestate
#RealEstate #Tips #PreReal
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EPISODE SUMMARY:
There's something about a tale of rags to riches that captures our hearts and ignites our ambitions, and Jim Biggs' story is no exception. From the poignant beginnings as an orphaned child to a pinnacle of success in the real estate industry, Jim's narrative is a brilliant illustration of how resilience shapes destiny. As the founder of Jerome Enterprises and the GOB network, he joins us to reveal his transformative journey and the inception of a platform that's redefining community and opportunity in the world of real estate investment.
Navigating the complexities of commercial real estate can be overwhelming, but Jim's insights simplify the labyrinth. He candidly discusses the myths of quick success and the steadfast dedication required to prosper in the industry. What's more, his comparison of the GOB network's philosophy to the collaborative success of Linux serves as a testament to the power of community-driven progress. Whether you're a seasoned investor or a curious newbie, Jim's approach to creating a membership-driven real estate platform offers a blueprint for building generational wealth and achieving personal fulfillment.
JIM'S BIO:
Jim Biggs has a diverse background, beginning with shipbuilding and the U.S. Air Force's elite "Walking Airforce" group. He later excelled in retail, sales, and the automotive industry, becoming a general partner in franchises. Holding real estate and insurance licenses, he's now a Managing Broker in Indiana. Jim is actively involved in various professional associations and is the founder of The GOB Network, an inclusive platform for apartment investors, offering deal sourcing, coaching, and creative partnership structures.
GET IN TOUCH WITH JIM :
gobnetwork.com
EPISODE CHAPTERS:
(0:00:00) - Jim Biggs Founder of GOB Network
Jim Biggs shares his journey from orphan to real estate success, discussing GOB network and life's unexpected turns.
(0:09:52) - GOP Network and Commercial Real Estate
Jim Enterprises' transition to multi-family real estate, hard work over luck, calculated risk-taking, and the GeoBean Network's aim to democratize access to coaching and mentoring.
(0:16:47) - Business Ownership for Real Estate Investors
GOP network disrupts traditional real estate education by empowering investors to directly invest in deals for better learning and success.
(0:22:07) - Membership-Driven Real Estate Platform
Open-source philosophy, collaborative intelligence, and financial empowerment through membership-driven progress and real estate investment.
(0:35:32) - Investing in Dallas
Building a real estate network in Dallas requires time, money, and connections, which can be found through the GOB community.
(0:39:38) - Real Estate Game
Real estate insights, GOB network, and projects discussed with CEO Jim, who has over a billion in transactions.
For informational purposes only. Always consult with professionals. This is not meant to be used as legal or tax advice or otherwise. Any projections, opinions, assumptions, or estimates used are for example only. All information should be independently verified and is subject to errors and omissions.
Check out some of our other videos and listings:
PreReal Podcast
https://www.youtube.com/watch?v=pTgZYyrkRyU&list=PLbyMUN39hTNWUFWH-tprcR0sTOwdqCfuk
PreReal™, Prendamano Real Estate of staten island, NY is a real estate marketing firm that is focused on lead generation for all its properties for sale. More leads equals bigger pockets in the end for everyone. If you are house hunting and looking for a house for sale don't hesitate to give us a call (718)200-7799. If you think it is time to sell your house, we can get you top dollar for your property.
Visit us at www.prereal.com
Follow us on:
Facebook: https://www.facebook.com/PrendamanoRealEstate
Instagram: @prerealpodcast @prerealestate
TikTok: @prerealestate
Twitter: @prerealestate
#RealEstate #Tips #PreReal
Tax Implications for Real Estate Investors with Erik Oliver | Prereal Podcast #170
PreReal Podcast
35 minutes 49 seconds
2 years ago
Tax Implications for Real Estate Investors with Erik Oliver | Prereal Podcast #170
EPISODE SUMMARY:
Unlock the mysteries of cost segregation and discover how it can boost your bottom line in our enlightening conversation with Erik Oliver from the Cost Segregation Authority. You'll gain a new perspective on how cost segregation can help real estate investors save on taxes. Erik, with his extensive accounting and sales background, will guide you through the intricate labyrinth of cost segregation and its importance in the real estate sector. See how CPAs can leverage this to specialize and offer more value to their clients. We'll also dig deeper into the 179D, the 45L, and other tax optimization strategies that can supercharge your current real estate portfolio.
ERIK'S BIO:
Erik Oliver holds a Bachelor of Applied Science in Accounting from Westminster College. Prior to joining Cost Segregation Authority, Erik was an Operations Manager for a multi-million dollar landscaping and design firm in Long Island, NY.
Since heading west and joining Cost Segregation Authority, Erik has been
speaking at local, regional, and national events. He brings with him a passion for identifying cost savings and educating commercial real estate owners on the benefits of cost segregation.
GET IN TOUCH WITH ERIK:
www.costsegauthority.com
EPISODE CHAPTERS:
(0:00:01) - Optimizing Real Estate Portfolio
Erik and I discuss cost segregation, 179D, 45L, CPAs, and how it can save money.
(0:11:07) - CARES Act and Tax Cuts Impact
The CARES Act, Tax Cuts and Jobs Act, and bonus depreciation allow for 100% bonus depreciation of five-year assets in existing foreplexes.
(0:21:41) - Deductions for Energy Efficient Real Estate
The 179D and 45L tax deductions and credits can result in major savings for real estate developers since 2005, with additional benefits from the CARES Act and Tax Cuts and Jobs Act.
For informational purposes only. Always consult with professionals. This is not meant to be used as legal or tax advice or otherwise. Any projections, opinions, assumptions, or estimates used are for example only. All information should be independently verified and is subject to errors and omissions.
Check out some of our other videos and listings:
PreReal Podcast
https://www.youtube.com/watch?v=pTgZYyrkRyU&list=PLbyMUN39hTNWUFWH-tprcR0sTOwdqCfuk
PreReal™, Prendamano Real Estate of staten island, NY is a real estate marketing firm that is focused on lead generation for all its properties for sale. More leads equals bigger pockets in the end for everyone. If you are house hunting and looking for a house for sale don't hesitate to give us a call (718)200-7799. If you think it is time to sell your house, we can get you top dollar for your property.
Visit us at www.prereal.com
Follow us on:
Facebook: https://www.facebook.com/PrendamanoRealEstate
Instagram: @prerealpodcast @prerealestate
TikTok: @prerealestate
Twitter: @prerealestate
#RealEstate #Tips #PreReal
For informational purposes only. Always consult with professionals. This is not meant to be used as legal or tax advice or otherwise. Any projections, opinions, assumptions, or estimates used are for example only. All information should be independently verified and is subject to errors and omissions.
Check out some of our other videos and listings:
PreReal Podcast
https://www.youtube.com/watch?v=pTgZYyrkRyU&list=PLbyMUN39hTNWUFWH-tprcR0sTOwdqCfuk
PreReal™, Prendamano Real Estate of staten island, NY is a real estate marketing firm that is focused on lead generation for all its properties for sale. More leads equals bigger pockets in the end for everyone. If you are house hunting and looking for a house for sale don't hesitate to give us a call (718)200-7799. If you think it is time to sell your house, we can get you top dollar for your property.
Visit us at www.prereal.com
Follow us on:
Facebook: https://www.facebook.com/PrendamanoRealEstate
Instagram: @prerealpodcast @prerealestate
TikTok: @prerealestate
Twitter: @prerealestate
#RealEstate #Tips #PreReal
PreReal Podcast
EPISODE SUMMARY:
There's something about a tale of rags to riches that captures our hearts and ignites our ambitions, and Jim Biggs' story is no exception. From the poignant beginnings as an orphaned child to a pinnacle of success in the real estate industry, Jim's narrative is a brilliant illustration of how resilience shapes destiny. As the founder of Jerome Enterprises and the GOB network, he joins us to reveal his transformative journey and the inception of a platform that's redefining community and opportunity in the world of real estate investment.
Navigating the complexities of commercial real estate can be overwhelming, but Jim's insights simplify the labyrinth. He candidly discusses the myths of quick success and the steadfast dedication required to prosper in the industry. What's more, his comparison of the GOB network's philosophy to the collaborative success of Linux serves as a testament to the power of community-driven progress. Whether you're a seasoned investor or a curious newbie, Jim's approach to creating a membership-driven real estate platform offers a blueprint for building generational wealth and achieving personal fulfillment.
JIM'S BIO:
Jim Biggs has a diverse background, beginning with shipbuilding and the U.S. Air Force's elite "Walking Airforce" group. He later excelled in retail, sales, and the automotive industry, becoming a general partner in franchises. Holding real estate and insurance licenses, he's now a Managing Broker in Indiana. Jim is actively involved in various professional associations and is the founder of The GOB Network, an inclusive platform for apartment investors, offering deal sourcing, coaching, and creative partnership structures.
GET IN TOUCH WITH JIM :
gobnetwork.com
EPISODE CHAPTERS:
(0:00:00) - Jim Biggs Founder of GOB Network
Jim Biggs shares his journey from orphan to real estate success, discussing GOB network and life's unexpected turns.
(0:09:52) - GOP Network and Commercial Real Estate
Jim Enterprises' transition to multi-family real estate, hard work over luck, calculated risk-taking, and the GeoBean Network's aim to democratize access to coaching and mentoring.
(0:16:47) - Business Ownership for Real Estate Investors
GOP network disrupts traditional real estate education by empowering investors to directly invest in deals for better learning and success.
(0:22:07) - Membership-Driven Real Estate Platform
Open-source philosophy, collaborative intelligence, and financial empowerment through membership-driven progress and real estate investment.
(0:35:32) - Investing in Dallas
Building a real estate network in Dallas requires time, money, and connections, which can be found through the GOB community.
(0:39:38) - Real Estate Game
Real estate insights, GOB network, and projects discussed with CEO Jim, who has over a billion in transactions.
For informational purposes only. Always consult with professionals. This is not meant to be used as legal or tax advice or otherwise. Any projections, opinions, assumptions, or estimates used are for example only. All information should be independently verified and is subject to errors and omissions.
Check out some of our other videos and listings:
PreReal Podcast
https://www.youtube.com/watch?v=pTgZYyrkRyU&list=PLbyMUN39hTNWUFWH-tprcR0sTOwdqCfuk
PreReal™, Prendamano Real Estate of staten island, NY is a real estate marketing firm that is focused on lead generation for all its properties for sale. More leads equals bigger pockets in the end for everyone. If you are house hunting and looking for a house for sale don't hesitate to give us a call (718)200-7799. If you think it is time to sell your house, we can get you top dollar for your property.
Visit us at www.prereal.com
Follow us on:
Facebook: https://www.facebook.com/PrendamanoRealEstate
Instagram: @prerealpodcast @prerealestate
TikTok: @prerealestate
Twitter: @prerealestate
#RealEstate #Tips #PreReal
